XML 16 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities    
Net (loss) income $ (1,469)  
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Deferred taxes (680)  
Deferred rent 128  
Amortization of deferred financing costs 355  
Depreciation and amortization of property and equipment 139  
Amortization of intangible assets 1,751  
Stock-based compensation 39  
(Increase) decrease in:    
Contract receivables 6,747  
Prepaid expenses and other current assets (1,712)  
Other assets 9  
Increase (decrease) in:    
Accounts payable and accrued expenses (1,560)  
Accrued payroll and related liabilities (752)  
Deferred compensation plan (4,006)  
Billings in excess of revenue recognized 157  
Net cash (used in ) provided by operating activities (854)  
Cash Flows From Investing Activities    
Proceeds from sales of investments held in Rabbi Trust 4,006  
Purchases of property and equipment 0  
Net cash provided by (used in) investing activities 4,006  
Cash Flows From Financing Activities    
Net repayments of line-of-credit 0  
Decrease in outstanding checks in excess of bank balance 0  
Payments on long-term debt (511)  
Distributions to stockholders 0  
Net cash used in financing activities (511)  
Net increase in cash and cash equivalents 2,641  
Cash and Cash Equivalents    
Beginning 8,503  
Ending 11,144  
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 1,806  
Cash paid for income taxes 597  
Supplemental Disclosures of Non-Cash Investing Activities    
Change in investments held in Rabbi Trust (401)  
Change in deferred compensation plan $ 401  
Predecessor [Member]    
Cash Flows From Operating Activities    
Net (loss) income   $ 2,099
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Deferred taxes   0
Deferred rent   (339)
Amortization of deferred financing costs   0
Depreciation and amortization of property and equipment   307
Amortization of intangible assets   198
Stock-based compensation   0
(Increase) decrease in:    
Contract receivables   18,344
Prepaid expenses and other current assets   582
Other assets   7
Increase (decrease) in:    
Accounts payable and accrued expenses   1,304
Accrued payroll and related liabilities   377
Deferred compensation plan   0
Billings in excess of revenue recognized   186
Net cash (used in ) provided by operating activities   23,065
Cash Flows From Investing Activities    
Proceeds from sales of investments held in Rabbi Trust   0
Purchases of property and equipment   (128)
Net cash provided by (used in) investing activities   (128)
Cash Flows From Financing Activities    
Net repayments of line-of-credit   (13,520)
Decrease in outstanding checks in excess of bank balance   (6,141)
Payments on long-term debt   0
Distributions to stockholders   (1,733)
Net cash used in financing activities   (21,394)
Net increase in cash and cash equivalents   1,543
Cash and Cash Equivalents    
Beginning   340
Ending   1,883
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest   16
Cash paid for income taxes   0
Supplemental Disclosures of Non-Cash Investing Activities    
Change in investments held in Rabbi Trust   236
Change in deferred compensation plan   $ (236)